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Armenia: Alrosa to Renew Rough Diamond Supply

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  • Armenia: Alrosa to Renew Rough Diamond Supply

    IDEX Online, Israel

    Armenia: Alrosa to Renew Rough Diamond Supply

    (October 19, '08, 7:40 Edahn Golan)

    The Russian diamond miner Alrosa is to renew rough diamond supplies to
    the Armenian polishing and jewelry making industry, according to Gagik
    Abramyan, chair of the International Association of Armenian Jewelers.

    Russian diamond producer Alrosa and the government of Armenia signed
    in August 2007 a diamond polishing cooperation agreement. The
    agreement was signed by Alrosa president Sergey Vybornov and Armenia's
    Trade and Economic Development Minister Nerses Yeritsian.

    In December, a team of Alrosa experts has conducted a study of 20
    diamond cutting enterprises and four were selected to receive rough
    supplies. At the time Alrosa reported that it has already sold rough
    diamonds to two of the diamond cutting factories.

    Abramyan, an Armenian Parliament deputy, owns the Diamond Company of
    Armenia (DCA).
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